Bitcoin Rises 10% as Wallets Shift to Accumulation Mode
- Bitcoin [BTC](https://holder.io/coins/btc/) increased by 10% this week, reaching over $121,000, the highest since August 14.
- The Accumulation Trend Score rose to 0.62, indicating a shift from distribution to accumulation among wallet holders for the first time since August.
- Wallets holding 100-1,000 BTC have moved sharply into accumulation, while those with 10-100 BTC are also beginning to accumulate again.
- Retail participants, with less than 10 BTC, have slowed selling and show signs of buying.
- Large whales (over 10,000 BTC) continue distributing, maintaining a trend from August.
- A bullish trading pattern has emerged in U.S. markets, with Bitcoin gaining 8% during U.S. trading hours from Monday to Thursday.
